Reported As Possible Scam
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Search Results
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Topic: Crypto-loss via myarbit.com
Type of Scam: Cryptocurrency Scam
URL of Scam: myarbit.com
Cryptocurrency Address:
TEQ4BjfDgjHA96FJc28z2H1DBnKLbqJMs2 
Amount Loss: $100,600Open-Source Intelligence Analysis: Investigative Report on Fraudulent Activities at myarbit.com
Current Website:
myarbit.com has been identified as operating a significant cryptocurrency scam, enticing victims with the promise of high returns on investments through supposed legitimate financial services.Domain and Hosting Information:
Registrar: eNom, LLC
Registration Date: 2023-05-07
Expiration Date: 2025-05-07
Last Updated: 2024-11-03
Status: clientTransferProhibited
Nameservers:dns1.p02.nsone.net
dns2.p02.nsone.net
dns3.p02.nsone.net
dns4.p02.nsone.netTechnical Analysis and Legal Action Recommendations:
Domain Registrar: eNom, LLCAction Recommended: Obtain full registration and ownership details to expose the operators behind the scam.
Nameservers: Managed by NSONEAction Recommended: Secure DNS logs and other relevant configurations to investigate the domain’s network activities and any related malicious operations.Critical Observations:
The use of NSONE for DNS services suggests the site might be leveraging advanced DNS management to maintain robustness and possibly obscure the origin of its operations. The domain’s two-year registration period is typical for fraudulent websites that seek to establish a short-term presence to defraud victims before being flagged.Conclusion:
The operation of myarbit.com as a cryptocurrency scam is actively siphoning significant amounts of money from unsuspecting investors. Prompt legal and investigative actions are imperative to dismantle the fraudulent infrastructure and initiate recovery efforts for the victims. This includes subpoenas for detailed domain registration and DNS activity. Given the substantial financial losses, these measures are urgent to mitigate further harm and potentially facilitate the recuperation of lost funds.In reply to: MyArbit.com Fraudulent Investment Platform
On November 15, 2024, we received a complaint involving a cryptocurrency scam that resulted in a loss of $100,600. The victim explained that the scam was carried out using cryptocurrency, with the last transfer taking place a few months ago. The scammer used the blockchain address
TEQ4BjfDgjHA96FJc28z2H1DBnKLbqJMs2 (TRX) and operated through the website myarbit.com.The victim’s report highlights the significant financial loss they suffered and provides key details that may help identify the perpetrators.
MyArbit.com has proven to be a deceptive platform, disguising itself as a lucrative crypto investment opportunity. Promising unrealistically high returns, it lured investors, including myself, into its schemes, resulting in significant financial loss. Here’s a detailed breakdown of my experience and findings
Investment Tiers with Unrealistic Returns
MyArbit.com claimed to offer several investment tiers, each with progressively outrageous return rates:
- Silver Elite: 10 Days, 2.25% – 2.75% return
- Gold Elite: 30 Days, 8.10% – 9.90% return
- Platinum Elite: 60 Days, 18.00% – 22.00% return
- Titanium Elite: 90 Days, 29.70%-36.30% Return
- Diamond Elite: 180 Days, 63.00% – 77.00% return
Such exaggerated promises of investment returns are a major red flag, as they exceed realistic expectations and align with typical scam patterns.
Financial Loss Details
I invested a total of $100,600 in MyArbit.com across multiple transactions. Below is a summary of these transactions:
- August 6, 2024: USDT, 50,499, Wallet Address: TEQ4BjfDgjHA96FJc28z2H1DBnKLbqJMs2
- August 14, 2024: USDT, 29,999, Wallet Address: TEQ4BjfDgjHA96FJc28z2H1DBnKLbqJMs2
- October 3, 2024: USDT, 20,000, Wallet Address: TEQ4BjfDgjHA96FJc28z2H1DBnKLbqJMs2
Analysis and Conclusion
The promised returns by MyArbit.com were nothing more than bait to attract unsuspecting investors. The structure, offering up to 77% returns within six months, was unrealistic and indicative of a Ponzi scheme. With the transactions detailed above, it’s evident that MyArbit.com is fraudulent and should be avoided at all costs.
Investors should remain vigilant and conduct thorough due diligence before committing to any investment platform that promises exceptionally high returns. Platforms like MyArbit.com exploit this trust, leading to significant financial distress.